Director Swainson gets 5,468 RSUs at Schneider National (NYSE: SNDR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Swainson John A reported acquisition or exercise transactions in this Form 4 filing.
Schneider National director John A. Swainson received a grant of 5,468 shares of Class B common stock in the form of restricted stock units on April 30, 2026. These units vest on the earlier of the one-year anniversary of the grant date or the company’s next annual shareholder meeting, subject to his continued Board service.
After this award, Swainson holds 52,231 shares of Class B common stock directly. The restricted stock units will be settled in Schneider National Class B shares when they vest, reflecting a routine, compensation-related equity grant rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Swainson John A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock | 5,468 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 52,231 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 5,468 shares
Post-transaction holdings: 52,231 shares
Grant price per unit: $0.00 per share
+1 more
4 metrics
RSU grant size
5,468 shares
Restricted stock units granted on April 30, 2026
Post-transaction holdings
52,231 shares
Class B common stock held directly after grant
Grant price per unit
$0.00 per share
Reported transaction price for the RSU award
Vesting horizon
Earlier of 1 year or next meeting
Vests on one-year anniversary or next annual shareholder meeting
Key Terms
restricted stock units, Class B common stock, Board of Directors, annual shareholder meeting
4 terms
restricted stock units financial
"Consists of restricted stock units that vest on the earlier of the one-year anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class B common stock financial
"The units will be settled in shares of Class B common stock."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Board of Directors financial
"service as a member of the Company's Board of Directors through the vesting date."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did Schneider National (SNDR) director John A. Swainson report in this Form 4?
Director John A. Swainson reported receiving a grant of 5,468 restricted stock units of Schneider National Class B common stock. The award reflects equity-based director compensation and is not an open-market stock purchase or sale, but a grant at a stated price of $0.00 per unit.
What are the vesting terms of John A. Swainson’s Schneider National (SNDR) restricted stock units?
The 5,468 restricted stock units vest on the earlier of the one-year anniversary of the grant date or Schneider National’s next annual shareholder meeting. Vesting is conditioned on Swainson’s continued service on the company’s Board of Directors through the vesting date, aligning compensation with ongoing board involvement.
Is John A. Swainson’s Schneider National (SNDR) Form 4 transaction a market buy or sell?
No, this Form 4 does not show a market buy or sell. It reports an acquisition coded as a grant or award at $0.00 per unit. The 5,468 restricted stock units represent compensation granted by Schneider National, to be settled later in Class B common shares when vested.